China International Marine Containers (Group) Co., Ltd. (SZSE:000039) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its A shares. The shares will be repurchased at a price not more than CNY 10.20 per share.

The repurchased share will be used to maintain the Company?s value and shareholders? rights, and all the repurchased shares will be sold. If there are subsequent uses for ESOP or equity incentives, consideration may also be given to adjusting the purpose of some of the repurchased shares to be used for ESOP or equity incentives.

The program will be valid for a period of 3 months.